7. Studdard Controls recently declared a quarterly dividend of $
1 .25 payable on
Thursday, April 25, to holders of record on Friday, April 12.
What is the last
day an investor could purchase Studdard stock and still receive
the quarterly
dividend?
A. April 9.
B. April 10.
C. April 12.
Please explain.
7. Studdard Controls recently declared a quarterly dividend of $ 1 .25 payable on Thursday, April 25, to holders of reco
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